Published October 18, 2026 in Market Update

Forest Hill gained momentum while much of the country saw more seller competition

By Erin Kelly
Real estate, Bel Air & Harford County

Nationally, sellers are outpacing buyers by a wide margin. Redfin reported that sellers outnumbered buyers by 62.6% across the U.S. in September, up from 56.9% in August. Forest Hill told a different story in the three months ending August 31, 2026.

Supply rose, and buyers absorbed it anyway

The Real Estate Data Aggregator counted 46 new listings in Forest Hill during that period. That is up 43.8% from the same months in 2025. More supply usually means more time on the market. Here, it did not.

Median days on market in Forest Hill
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Seven days is fast. The Real Estate Data Aggregator shows that figure is 17 days shorter than the same period a year ago. Pending sales rose 41.9% at the same time. Buyers were ready and moving.

Forest Hill at a glance, three months ending August 31, 2026
New listings
Up 43.8% from 2025
Pending sales
Up 41.9% from 2025
Median days on market
17 days shorter than 2025
Median sale price
Down 0.3% from 2025
Months of supply
Up 0.4 months from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Price held steady, and sellers still came out ahead of list

The Real Estate Data Aggregator put the median sale price in Forest Hill at $572,450. That is nearly flat, down just 0.3% from a year ago. The average home sold at 101.4% of its list price. Nearly half, 47.1%, sold above asking.

Homes sold above vs. at or below list price in Forest Hill
Sold above list
At or below list
Real Estate Data Aggregator, three months ending August 31, 2026. Nearly 1 in 2 Forest Hill homes sold above asking price.

That 101.4% sale-to-list ratio is down 1.8 points from last year. So the edge is a little smaller than it was. But selling above list in a market where Realtor.com reports 20.8% of listings nationally had a price cut in September is still a meaningful result.

Half of Forest Hill homes went under contract within two weeks

The Real Estate Data Aggregator found that 50% of Forest Hill homes went under contract within two weeks of listing. That is down just 1.6 points from a year ago, a small shift. Buyers who waited lost out on half the available homes before the two-week mark.

Percent of Forest Hill homes under contract within two weeks
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

How the rest of Bel Air and Harford County compared

Forest Hill was not the only part of the market worth watching. The picture varied by area, and that matters if you are deciding where to list or where to buy.

Area by area, three months ending August 31, 2026
Forest HillBel Air 21014Bel Air 21015Street 21154
Median sale price$572,450$450,000$477,500$840,000
Median days on market7201924
Sale to list price101.4%101.1%100.2%100.2%
Sold above list47.1%40%33.9%45.5%
Months of supply2.322.43.6
Real Estate Data Aggregator. Street (21154) carries the highest median price but also the most supply and the longest time on market. Forest Hill moved fastest.

A note on the national backdrop

Rates matter here. Redfin reported the weekly average mortgage rate hit 7.4% on October 8, a three-year high. The Federal Housing Finance Agency put U.S. home prices up 2.6% year over year through July, but Redfin also found the national median sale price rose just 0.5% year over year in recent weeks. Forest Hill's price held within a fraction of that, while its speed and pending volume outperformed the national trend.

In short
  1. Forest Hill added more listings than almost anywhere in this market, and buyers kept up.
  2. Homes sold in 7 days at a median of $572,450, and nearly half went above list price.
  3. The rest of Bel Air and Harford County is still selling, but each area reads differently.
  4. Your street may tell a different story than the ZIP code around it.

Your next step

(443) 552-9815

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Where these numbers came from
Erin Kelly
Monument Sotheby's Realty · (443) 552-9815
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Erin Kelly is a licensed real estate agent with Monument Sotheby's Realty, license #MD: 651492 | PA: RSR004554. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Erin Kelly · Monument Sotheby's RealtyEQUAL HOUSING OPPORTUNITY